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IRS Form 990 – 2014

Access the foundation's tax return.

Investment Policy Statement [Updated December 2016]

The F.B. Heron Foundation (“Heron”) exists solely to serve a public purpose — in our case, making investments that further the ability of people and communities to move out of poverty and thrive. This purpose guides not only our grant-making, but the use of all of our resources, including investment capital, so that we use them fully to contribute to the reduction of poverty, the widening of opportunity, and the improvement in material and social well-being for disadvantaged people and communities. The Heron investment policy thus reflects our intent to determine the social and financial return on all assets, and to select opportunities for deploying capital, whether as grants or as investments, so as to maximize both kinds of return.

Philanthropy and Pluralism: Diversity That Does Not Divide

A speech by Ambassador James A. Joseph, F.B. Heron Board Member and President Emeritus of the Council on Foundations.

2014 Heron Financial Statement

Heron's 2014 financial statement

IRS Form 990 – 2013

Access the foundation's tax return.

2013 Heron Financial Statement

Heron's 2013 financial statement

Capital, Equity, and Looking at Nonprofits as Enterprises

"Enterprise capital," the nonprofit equivalent of for-profit equity capital, is what fuels an organization's rise to the next level of performance. Here, the author outlines how these "equity-like" capital grants work.

IRS Form 990 – 2012

Access the foundation's tax return.

It’s the Wrong Question!

How much is your financial return discounted by your mission investment strategy?'

2012 Heron Financial Statement

Heron's 2012 financial statement